Town Sports International Holdings, Inc. (NASDAQ:CLUB) SVP Nitin Ajmera sold 2,319 shares of Town Sports International stock in a transaction that occurred on Monday, March 11th. The stock was sold at an average price of $5.36, for a total transaction of $12,429.84. Following the completion of the sale, the senior vice president now owns 50,544 shares of the company’s stock, valued at $270,915.84. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website.

Nitin Ajmera also recently made the following trade(s):

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On Tuesday, March 5th, Nitin Ajmera sold 723 shares of Town Sports International stock. The stock was sold at an average price of $5.42, for a total transaction of $3,918.66.

On Thursday, December 13th, Nitin Ajmera sold 1,769 shares of Town Sports International stock. The stock was sold at an average price of $6.22, for a total transaction of $11,003.18.

Shares of CLUB traded up $0.06 on Friday, reaching $5.37. The company’s stock had a trading volume of 800 shares, compared to its average volume of 72,262. Town Sports International Holdings, Inc. has a 12-month low of $5.25 and a 12-month high of $14.85.

A number of analysts have recently commented on the stock. ValuEngine lowered shares of Town Sports International from a “hold” rating to a “sell” rating in a research note on Tuesday, March 5th. Zacks Investment Research upgraded shares of Town Sports International from a “strong sell” rating to a “hold” rating in a research note on Tuesday, January 1st. One analyst has rated the stock with a sell rating, one has assigned a hold rating and two have issued a buy rating to the stock. Town Sports International presently has a consensus rating of “Hold” and an average target price of $11.00.

Several institutional investors and hedge funds have recently bought and sold shares of CLUB. Northern Trust Corp boosted its holdings in shares of Town Sports International by 202.6% in the second quarter. Northern Trust Corp now owns 187,749 shares of the company’s stock worth $2,731,000 after buying an additional 125,707 shares during the last quarter. First Trust Advisors LP purchased a new position in shares of Town Sports International in the third quarter worth approximately $329,000. Russell Investments Group Ltd. boosted its holdings in shares of Town Sports International by 31.4% in the third quarter. Russell Investments Group Ltd. now owns 51,445 shares of the company’s stock worth $454,000 after buying an additional 12,306 shares during the last quarter. Wells Fargo & Company MN boosted its holdings in shares of Town Sports International by 51.4% in the third quarter. Wells Fargo & Company MN now owns 24,686 shares of the company’s stock worth $214,000 after buying an additional 8,382 shares during the last quarter. Finally, American Century Companies Inc. purchased a new position in shares of Town Sports International in the third quarter worth approximately $775,000. 72.86% of the stock is currently owned by institutional investors.

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About Town Sports International

Town Sports International Holdings, Inc, together with its subsidiaries, owns and operates fitness clubs in the Northeast and Mid-Atlantic regions of the United States. The company's clubs offer special purpose rooms for group fitness classes; and other exercise programs, as well as accommodate cardiovascular and strength-training equipment.